BEIJING (AP) — Asian stock markets tumbled Thursday after Wall Street sank as a plunge in Credit Suisse shares reignited worries about a possible bank crisis following the failure of two U.S. lenders. ( read original story ...)
Chinese Banking Shares Emerge as Havens Amid Global Sector Woes
Gains in state-owned lenders have stood out, with shares of Bank of China Ltd. in Shanghai rising for a fourth day on Thursday, reaching their highest level since July 2020. ( read original story ...)
SHFE Tin Prices Fall amid Bank Crisis
Affected by the liquidity crisis facing Credit Suisse, SHFE 2304 tin contract declined yesterday night and closed at 179,300 yuan/mt, down 4.17%. On the fundamentals, the warrants fell significantly ... ( read original story ...)
Asian stocks tumble as renewed bank rout outweighs China optimism
Investing.com -- Asian stock markets retreated on Thursday as bank shares faced renewed selling on fears of a global borrowing crisis, although an upbeat outlook on the Chinese economy helped limit ... ( read original story ...)
UPDATE 3-Traders in China’s $21 trillion bond market turn to chat apps after data block
Dealing Matrix said it has launched a platform for traders to get the latest price information from bond market makers on the Shanghai Stock Exchange. (Reporting by Winni Zhou, Li Gu, Jason Xue, ... ( read original story ...)
Hedge Fund Flags Risky Derivatives After China Market Rally
a tool she used to buy at the bottom of the market late last year. Given the rebound in China equities, investors buying the option-based contracts could suffer losses, the founder of Shanghai Banxia ... ( read original story ...)
China Stock Market May Head South Again On Thursday
BEIJING (dpa-AFX) - The China stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had surrendered almost 100 points or 2.8 percent. The ... ( read original story ...)